• Conciseness
• Materiality

Key observations:

Aveng’s 2019 Integrated Report provides a clear Materiality section to describe a three-step process to determine the material issues that affect the organisation’s ability to create and sustain value over the short, medium and long term. 

Guided by the paragraph 3.18 of the IIRC’s <IR> Framework, the report details their approach to each stage of the process, which are 1) identify internal and external risks and opportunities, 2) evaluate the importance of matters, and 3) prioritise the identified matters based on their potential probability of materialising. The section then presents a table which summarises the top material matters, stakeholders impacted, strategic responses, relevant strategic pillars and outlook.